The bonds held in the Social Security Trust Fund
A) are a valuable asset of the federal government.
B) will generate a future stream of net income for the federal government.
C) are an IOU from one government agency (the U.S. Treasury) to another (the Social Security Administration).
D) are necessary to provide retirement benefits for future retirees.

Question

Quizplus · Accepted Answer

The bonds in the Social Security Trust Fund are essentially IOUs from the U.S. Treasury to the Social Security Administration, representing the government's obligation to repay borrowed funds.

The Bonds Held in the Social Security Trust Fund